Property Overview: 804 St Mary's Road, Winnipeg
Key Characteristics & Appeal
This home is a classic 1922-built residence in the Norberry neighbourhood, offering a practical footprint of 1,160 sqft on a 4,902 sqft lot. Its core appeal lies in being a grounded, no-fuss property in a well-established area. The assessed value of $292k is notably below the average for St. Mary's Road itself, suggesting a potentially more accessible entry point into this location compared to neighbouring properties. While the home's age and size are below average for its immediate street, they are much more in line with broader area and city-wide comparisons, indicating it's a typical home for wider Winnipeg.
It would suit a pragmatic first-time buyer or an investor looking for a character home without a premium price tag. The value is more in the land and location than in modern size or finishes. A thoughtful perspective is that this property represents the "bones" of the neighbourhood—a century-old home that has seen the area evolve. It offers the chance to put down roots and add value through updates, rather than paying for someone else’s recent renovations.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value of $292k is for tax purposes. Recent sold data suggests market prices for this home have been between $300k-$400k. The assessment being below nearby averages may indicate a lower tax burden relative to some neighbours.
2. The home is over 100 years old. What should I be concerned about?
Standard for homes of this era, you should budget for potential updates to major systems like plumbing, electrical, and the roof. A thorough inspection is essential. The upside is that these older homes often feature solid construction and materials not commonly found today.
3. How does the lot size compare?
At just under 5,000 sqft, the lot is smaller than many on St. Mary's Road but is very typical for the city overall. It provides a manageable yard space without excessive maintenance.
4. The home seems small compared to others on the street. Is that a drawback?
It depends on your needs. While larger than many city-wide homes, it is cozier than the average on this specific street. This likely contributes to its more accessible pricing and may mean lower utility costs.
5. Where can I get verified sale price history for this property?
The site notes that exact sold prices are not displayed due to industry rules. You must request them directly via email for a manual lookup, as this data is not sourced from the MLS.